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Peel Hunt announced MITIE Group PLC (LON:MTO), upholding its stock price target at 254.00GBX today

Having a price of 198.45GBX, MITIE Group PLC (LON:MTO) traded 23.14% lower on the day. The last close is down 21.97% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. MTO has been tracking to a 50-day moving average of 262.29GBX and two hundred day moving average of 264.96GBX. Volume of trade was was up over the average, with 4,418,283 shares of MTO changing hands over the typical 1,132,820 shares.

MITIE Group PLC (LON:MTO) had its target price hold steady to 254GBX by Peel Hunt in a report issued 9/19/2016. The updated target price suggests a potential upside of 0.28% based on the company’s previous closing price.

Previously on 7/25/2016, Barclays Capital reported about MITIE Group PLC(LON:MTO) held the target price at 250.00GBX that indicated a possible upside of 0.02%.

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A total of 10 analysts have reported on the company. Zero rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the company as sell with a consensus target stock price of 288.40GBX

With a market capitalization of 0.0 GBX, MITIE Group PLC has a one-year low of 196.90GBX and a 52 week high of 341.00GBX with a P/E ratio of 10.

More About MITIE Group PLC (LON:MTO)

Mitie Group plc is a holding company. The Company is engaged in providing management services. The Company focuses on providing strategic outsourcing services. It operates through the segments, including Soft FM, Hard FM, Property Management and Healthcare. Its Soft FM segment includes cleaning and environmental services, security, catering and front of house services. Its Hard FM segment includes a range of technical, building maintenance and energy services. Its Property management segment provides repair and maintenance services in the social housing market. Its Healthcare segment provides care at home for people who need help and support due to illness, infirmity or disability. In addition, Healthcare segment also provides nurse-led complex care solutions in the home. Its services include catering, cleaning services, compliance services, custodial services, data center services, document management, electrical inspection and testing, and and insurance claims management and repairs.

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